Chapter 1607: 1607
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“。。。 It is widely speculated on Wall Street that Andy Smith's way of trading is to acquire a bigger competitor than himself in debt.
When he decided to buy Qualcomm Corp, he had already considered the Department to be sold later, how much he could sell, and who he could sell it to.
After the completion of the transaction, it is likely to immediately restructure, decisively cut jobs and sell non core businesses, focusing on improving the company's profit margin. "
"From Andy Smith's past acquisition records, it's not hard to see his ambition for the chip market. For all listed chip companies, after all, it's still necessary to explain to shareholders and investors. It's not only about revenue, but also profits, which are the concerns of shareholders and investors.
If Andy Smith can take control of the board of directors at a very low cost and complete the management of Qualcomm, in a while, we will get the answer. Please wait and see... "
In front of Qualcomm's headquarters in San Diego, it has been occupied by the live broadcast vehicles of various media. Many journalists are facing the camera and reporting live, waiting for the final result of Qualcomm's shareholders' meeting.
Many people in front of the TV also have different thoughts and are waiting for the results, especially in the semiconductor industry. They feel a little wolf coming to the capital tycoons who suddenly break in.
Because, from a global perspective, when the growth rate of the semiconductor industry becomes low, if the enterprises want to develop in this process, they will surely embark on the road of integration.
But the capital operation, is undoubtedly the simplest rough way, can simply and easily price earnings ratio, income, profit has been up.
In the case of everyone squeezing each other and the slow growth of enterprises, then we should find a way to merge.
This is the first choice of capital alligators!
A group of companies engaged in scientific research, in the face of the intrusion of a young capital tycoon, is undoubtedly to open a capital feast. The acquisition of Qualcomm is the beginning of the capital feast.
As long as we see the financial advisory group of Citibank, Bank of America, Goldman Sachs, Merrill Lynch and Morgan Stanley, we can know how Wall Street favors Andy Smith.
No one can doubt Andy Smith's ambition for the whole semiconductor industry because he is a super rich man and the strength of the consortia around him!
“。。。 If I'm in the position of chairman of Qualcomm, I'll play this game if I have the ability. "
NBC News Studio, a semiconductor investor in the face of the camera in the host of the inquiry, very seriously said.
"Structurally, in the 1980s, small start-ups entered the semiconductor industry. In the 1990s, the trend of listing and small-scale M & A began. By 2000, horizontal mergers and large-scale transactions appeared, and the development speed of the semiconductor industry has declined.
In the next decade, the trend of M & A in the semiconductor industry will move from horizontal M & A to vertical integration M & A in the upstream and downstream. In the future, the ecosystem of semiconductor will become more and more important. "
"You mean that the semiconductor industry will enter the integration period?" The host's eyes are shining.
"I predict it will be like this. The mobilization of capital will accelerate the arrival of this integration period, and the curtain has been opened!"
Yes, the curtain has been opened!
"I propose that Mr. Andy Smith be the chairman of the company."
"I agree."
"Agree!"
。。。。。。
Steve morenkov, the CEO of Qualcomm, who just secured his board seat, looked at the "people's expectations" with a slight and indiscernible wry smile on his lips, and Andy Smith, with a faint smile on his face, fully controlled the pace of the general meeting of shareholders.
"Agree!"
Steve molenkov saw the people look at him with a smile on his face. He raised his hand and agreed. He saw the dignified expression on many people's faces and relaxed. He also saw a little recognition in his eyes, especially the relieved breath of the company's executives sitting behind him, which made his heart more helpless and wry.
When the situation is over, he is not an idiot. How can he fight against the fate that has been completely changed? Not only will no one support him, but when he loses everything, what he gains will not be respect, but indifference.
Just like Paul Jacobs, who was mercilessly kicked out by the original board of directors some time ago, even the founder's family is out, let alone he works alone!
When Steve morenkov raised his hand and agreed, the seven directors who had just been kicked out of the board of directors twitched a few times on their gloomy faces and finally sighed sadly. They knew that Andy Smith won, and it was all over.
"Pa pa pa -"
there was a huge applause in the conference room. Andy Smith, with a gentle smile on his face, stood up calmly and thanked him for all the standing ovation. Congratulations on his popular expectation and his election as chairman of Qualcomm.
"Thank you, thank you."
Andy smiles and shakes hands with 10 new board members, and then shakes hands with the top 25 shareholders to thank them. Under the public's attention, Andy's mouth turns up, calmly walks to the boss's chair which is already empty at the top of the conference table, reaches out and taps the back edge of the chair, pulls back slightly, walks around, stands in front of the conference table, smiles and reaches down for a sign "Sit down, everyone."After that, he took the lead in sitting in the chairman's boss's chair. When people saw him sitting down, they sat down one by one.
From now on, Andy Smith is officially in charge of Qualcomm!
"I know that the outside world has a lot of guesses about what to restructure, decisively cut jobs and sell non core businesses, and focus on improving the company's profit margin. Well, here, I tell you that those are only guesses from the outside world. My real decision is to increase R & D investment while doing the same!
Patent licensing business and mobile chip business are our two pillar revenue sources. Since 1989, the company has accumulated CDMA patents and technologies, keeping the company's annual revenue growth of more than 20%.
Therefore, only by relying on patent barriers and absolute technology leadership, can we firmly dominate the No. 1 position of wireless chip manufacturers, and far away from all other competitors, including Intel.
However, whether it is patent barrier or absolute technology leadership, it is inseparable from a large amount of investment in R & D. According to the information I have received, the four-star group in South Korea has started internal restructuring, and they will increase their R & D efforts on semiconductors such as mobile phone chips. That is to say, in addition to Intel, the Bay province of China, the four-star group in South Korea will also become our catch-up.
Everyone, in the future, the competition will only become more fierce. We can't be as optimistic as we think if we want to be the No. 1 wireless chip manufacturer. We can't be blindly confident and arrogant. We can't learn from the past, blindly confident and arrogant Intel. We can't ignore us, and they will eventually be surpassed by us. They will also miss the whole mobile Internet opportunity.
All we have to do is take warning!
First class enterprises sell patents, second-class enterprises make products, and third-class enterprises sell coolie. This is a popular saying in the industry, which emphasizes the importance of patents. On the way to the company's headquarters, I saw several "patent walls" standing in the hall. To be honest, it's shocking and spectacular. Now, as chairman of the board, I feel more proud and stressed. Every patent on the "patent wall" is our core asset and profit source.
As chairman of the board, I hope to see more new patents hung on the patent wall, so that the company will last forever! "
Please report us if you find any errors so we can fix it asap!
“。。。 It is widely speculated on Wall Street that Andy Smith's way of trading is to acquire a bigger competitor than himself in debt.
When he decided to buy Qualcomm Corp, he had already considered the Department to be sold later, how much he could sell, and who he could sell it to.
After the completion of the transaction, it is likely to immediately restructure, decisively cut jobs and sell non core businesses, focusing on improving the company's profit margin. "
"From Andy Smith's past acquisition records, it's not hard to see his ambition for the chip market. For all listed chip companies, after all, it's still necessary to explain to shareholders and investors. It's not only about revenue, but also profits, which are the concerns of shareholders and investors.
If Andy Smith can take control of the board of directors at a very low cost and complete the management of Qualcomm, in a while, we will get the answer. Please wait and see... "
In front of Qualcomm's headquarters in San Diego, it has been occupied by the live broadcast vehicles of various media. Many journalists are facing the camera and reporting live, waiting for the final result of Qualcomm's shareholders' meeting.
Many people in front of the TV also have different thoughts and are waiting for the results, especially in the semiconductor industry. They feel a little wolf coming to the capital tycoons who suddenly break in.
Because, from a global perspective, when the growth rate of the semiconductor industry becomes low, if the enterprises want to develop in this process, they will surely embark on the road of integration.
But the capital operation, is undoubtedly the simplest rough way, can simply and easily price earnings ratio, income, profit has been up.
In the case of everyone squeezing each other and the slow growth of enterprises, then we should find a way to merge.
This is the first choice of capital alligators!
A group of companies engaged in scientific research, in the face of the intrusion of a young capital tycoon, is undoubtedly to open a capital feast. The acquisition of Qualcomm is the beginning of the capital feast.
As long as we see the financial advisory group of Citibank, Bank of America, Goldman Sachs, Merrill Lynch and Morgan Stanley, we can know how Wall Street favors Andy Smith.
No one can doubt Andy Smith's ambition for the whole semiconductor industry because he is a super rich man and the strength of the consortia around him!
“。。。 If I'm in the position of chairman of Qualcomm, I'll play this game if I have the ability. "
NBC News Studio, a semiconductor investor in the face of the camera in the host of the inquiry, very seriously said.
"Structurally, in the 1980s, small start-ups entered the semiconductor industry. In the 1990s, the trend of listing and small-scale M & A began. By 2000, horizontal mergers and large-scale transactions appeared, and the development speed of the semiconductor industry has declined.
In the next decade, the trend of M & A in the semiconductor industry will move from horizontal M & A to vertical integration M & A in the upstream and downstream. In the future, the ecosystem of semiconductor will become more and more important. "
"You mean that the semiconductor industry will enter the integration period?" The host's eyes are shining.
"I predict it will be like this. The mobilization of capital will accelerate the arrival of this integration period, and the curtain has been opened!"
Yes, the curtain has been opened!
"I propose that Mr. Andy Smith be the chairman of the company."
"I agree."
"Agree!"
。。。。。。
Steve morenkov, the CEO of Qualcomm, who just secured his board seat, looked at the "people's expectations" with a slight and indiscernible wry smile on his lips, and Andy Smith, with a faint smile on his face, fully controlled the pace of the general meeting of shareholders.
"Agree!"
Steve molenkov saw the people look at him with a smile on his face. He raised his hand and agreed. He saw the dignified expression on many people's faces and relaxed. He also saw a little recognition in his eyes, especially the relieved breath of the company's executives sitting behind him, which made his heart more helpless and wry.
When the situation is over, he is not an idiot. How can he fight against the fate that has been completely changed? Not only will no one support him, but when he loses everything, what he gains will not be respect, but indifference.
Just like Paul Jacobs, who was mercilessly kicked out by the original board of directors some time ago, even the founder's family is out, let alone he works alone!
When Steve morenkov raised his hand and agreed, the seven directors who had just been kicked out of the board of directors twitched a few times on their gloomy faces and finally sighed sadly. They knew that Andy Smith won, and it was all over.
"Pa pa pa -"
there was a huge applause in the conference room. Andy Smith, with a gentle smile on his face, stood up calmly and thanked him for all the standing ovation. Congratulations on his popular expectation and his election as chairman of Qualcomm.
"Thank you, thank you."
Andy smiles and shakes hands with 10 new board members, and then shakes hands with the top 25 shareholders to thank them. Under the public's attention, Andy's mouth turns up, calmly walks to the boss's chair which is already empty at the top of the conference table, reaches out and taps the back edge of the chair, pulls back slightly, walks around, stands in front of the conference table, smiles and reaches down for a sign "Sit down, everyone."After that, he took the lead in sitting in the chairman's boss's chair. When people saw him sitting down, they sat down one by one.
From now on, Andy Smith is officially in charge of Qualcomm!
"I know that the outside world has a lot of guesses about what to restructure, decisively cut jobs and sell non core businesses, and focus on improving the company's profit margin. Well, here, I tell you that those are only guesses from the outside world. My real decision is to increase R & D investment while doing the same!
Patent licensing business and mobile chip business are our two pillar revenue sources. Since 1989, the company has accumulated CDMA patents and technologies, keeping the company's annual revenue growth of more than 20%.
Therefore, only by relying on patent barriers and absolute technology leadership, can we firmly dominate the No. 1 position of wireless chip manufacturers, and far away from all other competitors, including Intel.
However, whether it is patent barrier or absolute technology leadership, it is inseparable from a large amount of investment in R & D. According to the information I have received, the four-star group in South Korea has started internal restructuring, and they will increase their R & D efforts on semiconductors such as mobile phone chips. That is to say, in addition to Intel, the Bay province of China, the four-star group in South Korea will also become our catch-up.
Everyone, in the future, the competition will only become more fierce. We can't be as optimistic as we think if we want to be the No. 1 wireless chip manufacturer. We can't be blindly confident and arrogant. We can't learn from the past, blindly confident and arrogant Intel. We can't ignore us, and they will eventually be surpassed by us. They will also miss the whole mobile Internet opportunity.
All we have to do is take warning!
First class enterprises sell patents, second-class enterprises make products, and third-class enterprises sell coolie. This is a popular saying in the industry, which emphasizes the importance of patents. On the way to the company's headquarters, I saw several "patent walls" standing in the hall. To be honest, it's shocking and spectacular. Now, as chairman of the board, I feel more proud and stressed. Every patent on the "patent wall" is our core asset and profit source.
As chairman of the board, I hope to see more new patents hung on the patent wall, so that the company will last forever! "
It is widely speculated on Wall Street that Andy Smith's way of trading is to acquire a bigger competitor than himself in debt. When he decided to buy Qualcomm Corp, he had already considered the Department to be sold later, how much he could sell, and who he could sell it to. After the completion of the transaction, it is likely to immediately restructure, decisively cut jobs and sell non core businesses, focusing on improving the company's profit margin. " "From Andy Smith's past acquisition records, it's not hard to see his ambition for the chip market. For all listed chip companies, after all, it's still necessary to explain to shareholders and investors. It's not only about revenue, but also profits, which are the concerns of shareholders and investors. If Andy Smith can take control of the board of directors at a very low cost and complete the management of Qualcomm, in a while, we will get the answer. Please wait and see... " In front of Qualcomm's headquarters in San Diego, it has been occupied by the live broadcast vehicles of various media. Many journalists are facing the camera and reporting live, waiting for the final result of Qualcomm's shareholders' meeting. Many people in front of the TV also have different thoughts and are waiting for the results, especially in the semiconductor industry. They feel a little wolf coming to the capital tycoons who suddenly break in. Because, from a global perspective, when the growth rate of the semiconductor industry becomes low, if the enterprises want to develop in this process, they will surely embark on the road of integration. But the capital operation, is undoubtedly the simplest rough way, can simply and easily price earnings ratio, income, profit has been up. In the case of everyone squeezing each other and the slow growth of enterprises, then we should find a way to merge. This is the first choice of capital alligators! A group of companies engaged in scientific research, in the face of the intrusion of a young capital tycoon, is undoubtedly to open a capital feast. The acquisition of Qualcomm is the beginning of the capital feast. As long as we see the financial advisory group of Citibank, Bank of America, Goldman Sachs, Merrill Lynch and Morgan Stanley, we can know how Wall Street favors Andy Smith. No one can doubt Andy Smith's ambition for the whole semiconductor industry because he is a super rich man and the strength of the consortia around him! If I'm in the position of chairman of Qualcomm, I'll play this game if I have the ability. " NBC News Studio, a semiconductor investor in the face of the camera in the host of the inquiry, very seriously said. "Structurally, in the 1980s, small start-ups entered the semiconductor industry. In the 1990s, the trend of listing and small-scale M & A began. By 2000, horizontal mergers and large-scale transactions appeared, and the development speed of the semiconductor industry has declined. In the next decade, the trend of M & A in the semiconductor industry will move from horizontal M & A to vertical integration M & A in the upstream and downstream. In the future, the ecosystem of semiconductor will become more and more important. " "You mean that the semiconductor industry will enter the integration period?" The host's eyes are shining. "I predict it will be like this. The mobilization of capital will accelerate the arrival of this integration period, and the curtain has been opened!" Yes, the curtain has been opened! "I propose that Mr. Andy Smith be the chairman of the company." "I agree." "Agree!" Steve morenkov, the CEO of Qualcomm, who just secured his board seat, looked at the "people's expectations" with a slight and indiscernible wry smile on his lips, and Andy Smith, with a faint smile on his face, fully controlled the pace of the general meeting of shareholders. "Agree!" Steve molenkov saw the people look at him with a smile on his face. He raised his hand and agreed. He saw the dignified expression on many people's faces and relaxed. He also saw a little recognition in his eyes, especially the relieved breath of the company's executives sitting behind him, which made his heart more helpless and wry. When the situation is over, he is not an idiot. How can he fight against the fate that has been completely changed? Not only will no one support him, but when he loses everything, what he gains will not be respect, but indifference. Just like Paul Jacobs, who was mercilessly kicked out by the original board of directors some time ago, even the founder's family is out, let alone he works alone! When Steve morenkov raised his hand and agreed, the seven directors who had just been kicked out of the board of directors twitched a few times on their gloomy faces and finally sighed sadly. They knew that Andy Smith won, and it was all over. "Pa pa pa -" there was a huge applause in the conference room. Andy Smith, with a gentle smile on his face, stood up calmly and thanked him for all the standing ovation. Congratulations on his popular expectation and his election as chairman of Qualcomm. "Thank you, thank you." Andy smiles and shakes hands with 10 new board members, and then shakes hands with the top 25 shareholders to thank them. Under the public's attention, Andy's mouth turns up, calmly walks to the boss's chair which is already empty at the top of the conference table, reaches out and taps the back edge of the chair, pulls back slightly, walks around, stands in front of the conference table, smiles and reaches down for a sign "Sit down, everyone."After that, he took the lead in sitting in the chairman's boss's chair. When people saw him sitting down, they sat down one by one. From now on, Andy Smith is officially in charge of Qualcomm! "I know that the outside world has a lot of guesses about what to restructure, decisively cut jobs and sell non core businesses, and focus on improving the company's profit margin. Well, here, I tell you that those are only guesses from the outside world. My real decision is to increase R & D investment while doing the same! Patent licensing business and mobile chip business are our two pillar revenue sources. Since 1989, the company has accumulated CDMA patents and technologies, keeping the company's annual revenue growth of more than 20%. Therefore, only by relying on patent barriers and absolute technology leadership, can we firmly dominate the No. 1 position of wireless chip manufacturers, and far away from all other competitors, including Intel. However, whether it is patent barrier or absolute technology leadership, it is inseparable from a large amount of investment in R & D. According to the information I have received, the four-star group in South Korea has started internal restructuring, and they will increase their R & D efforts on semiconductors such as mobile phone chips. That is to say, in addition to Intel, the Bay province of China, the four-star group in South Korea will also become our catch-up. Everyone, in the future, the competition will only become more fierce. We can't be as optimistic as we think if we want to be the No. 1 wireless chip manufacturer. We can't be blindly confident and arrogant. We can't learn from the past, blindly confident and arrogant Intel. We can't ignore us, and they will eventually be surpassed by us. They will also miss the whole mobile Internet opportunity. All we have to do is take warning! First class enterprises sell patents, second-class enterprises make products, and third-class enterprises sell coolie. This is a popular saying in the industry, which emphasizes the importance of patents. On the way to the company's headquarters, I saw several "patent walls" standing in the hall. To be honest, it's shocking and spectacular. Now, as chairman of the board, I feel more proud and stressed. Every patent on the "patent wall" is our core asset and profit source. As chairman of the board, I hope to see more new patents hung on the patent wall, so that the company will last forever! "
